Form 5500 · Employee benefit plan · CONSHOHOCKEN, PA
MORGAN PROPERTIES PAYROLL SERVICES INC.
MORGAN PROPERTIES PAYROLL SERVICES INC. of CONSHOHOCKEN, PA spreads its employee benefits across 4 insurance carriers, according to its Form 5500 Schedule A. Its broker of record is NFP CORPORATE SERVICES (PA) INC.. Coverage is written through INDEPENDENCE BLUE CROSS and 3 other carriers. The plan's most recent policy period ended in July.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 23-2852119 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 6 insured contracts covering health, vision, life and disability; the largest, with INDEPENDENCE BLUE CROSS, covers 3,069 people.
Reported premium across the insured contracts is $22,505,753, with $246,979 in disclosed broker commissions — about 1.1% of premium.
The most recent policy period ended in July, and the plan year ends July 31. Group contracts typically renew on that annual cycle.
NFP CORPORATE SERVICES (PA) INC. is the broker of record on 4 of the 6 contracts; the rest name a different broker or none.
4 carriers appear on the filing — INDEPENDENCE BLUE CROSS, PRUDENTIAL INSURANCE COMPANY OF AMERICA, CIGNA HEALTH AND LIFE INSURANCE COMPANY and VISION SERVICE PLAN — with INDEPENDENCE BLUE CROSS writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| PRUDENTIAL INSURANCE COMPANY OF AMERICA | Life, Disability | 2,351 | July | $1,088,172 | $165,040 |
| CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | — | July | $196,994 | $31,528 |
| CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | — | July | $166,537 | $25,984 |
| CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | — | July | $166,045 | $24,427 |
| INDEPENDENCE BLUE CROSS | Health | 3,069 | July | $20,706,472 | $0 |
| VISION SERVICE PLAN | Vision | 1,534 | July | $181,533 | $0 |
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